Global Ceramic Wall Tiles Market – Industry Trends and Forecast to 2029

Global Ceramic Wall Tiles Market, By Raw Material (Feldspar, Kaolin, Bentonite, Silica Sand), Product (Glazed, Porcelain, Scratch-Free, Others), Construction (New Construction, Replacement, Renovation), Dimension (20 X 20, 30 X 30, 30 X 60, 60 X 120, Others), Application (Residential, Commercial), Formulation (Dry Pressed, Extruded, Casting), Sales Type (New Installation, Replacement) – Industry Trends and Forecast to 2029

Market Analysis and Size

There has been a significant increase in residential construction spending in recent years, which has resulted in an increase in demand for ceramic wall tiles globally. As a result, manufacturers are concentrating on producing ceramic tiles for residential use. Ceramic wall tile market growth is expected to be driven by residential replacement and new installation activities. Governments are providing low-cost housing, which is expected to support industry growth over the next few years. Furthermore, the shift in consumer preference toward using ceramic tiles in homes is expected to drive demand. As a result, these growth determinants are anticipated to favor the market growth over the forecasted period.

Global Ceramic Wall Tiles Market was valued at USD 128.06 billion in 2021 and is expected to reach USD 215.14 billion by 2029, registering a CAGR of 6.70% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Report Scope and Market Segmentation

Market Definition

Ceramic tiles are basically the thin slabs made primarily of minerals found in nature, such as clay, silica sand, feldspar, and dolomite. These tiles are more durable than their counterparts, can withstand high temperatures, and withstand caustic or acidic chemicals. These tiles have emerged as an alternative to hardwood and other flooring products such as marble, concrete, and others due to their aesthetic appearance and availability in a variety of designs, textures, colours, shapes, and sizes. These characteristics and their light weight, anti-skid, and anti-bacterial properties make these tiles ideal for use in hospitals, hotels, laboratories, and pharmaceutical manufacturing facilities where hygiene is paramount.

Ceramic Wall Tiles Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Worldwide Growth in Population

One of the main reasons for the increase in demand for ceramic tiles is the growing population. Furthermore, the global population shift from rural to urban areas has accelerated the rate of growth even more. According to the United Nations Population Division, the total world population is expected to reach 9.5 billion by 2050, with urban people accounting for at least 66.4 percent of the total. Improved hygiene and sanitation are required for a positive shift in living standards. According to the United Nations Population Division, APAC's total population is expected to reach 5.1 billion by 2050, with cities accounting for at least 68 percent of the region's total population. To accommodate the growing population, cities will need to build more housing and other commercial infrastructure, which will result in high demand for ceramic wall tiles.

• Expansion of the Organized Retail Sector

The increased availability of various types of ceramic tiles as a result of organized retailer penetration boosts the market's growth potential. Hypermarkets, supermarkets and specialty stores are all making inroads into the rapidly growing global retail industry. Convenience and comfort are becoming increasingly important to customers due to their hectic lifestyles and work schedules; as a result, large organized retail stores focus on stocking more varieties and brands of ceramic tiles under one roof to provide consumers with more options. Customers can gather information on various brands and compare the price, quality, and design of several products before making a purchasing decision thanks to organized retailing. As a result, the growth of organized retailing is expected to have a positive impact on the ceramic wall tile market.

• Eco-friendliness of Ceramic Wall Tiles

The manufacturing of these tiles is an environmentally friendly process because they are mostly naturally occurring minerals. Furthermore, recent technological advancements have allowed manufacturers to reduce carbon emissions and other harmful gases even further during the manufacturing process. Therefore, with growing concerns regarding environment safety, the market is estimated to have an accelerated market growth over the forecasted period.

Additionally, the rapid urbanization coupled with the growing expenditure on housing will also drive market value growth. The expansion of the construction industry is projected to bolster the growth of the market.

Opportunities

• Developments and Investments

Furthermore, the development of infrastructure and demographics as well as the growing number of technological advancement further extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the government's increasing initiatives and surging levels of investment will further expand the future growth of the ceramic wall tiles market.

Restraints/Challenges

• Volatility in Raw Material Prices

The ceramic wall tile manufacturing is an extremely energy-intensive process; therefore, the industry's power, gas, and transportation costs are the major cost concerns. Furthermore, the pricing of raw materials used in ceramic wall tiles (such as silica sand, kaolin, feldspar, and bentonite) is more volatile. Volatile raw material prices raise the capital required for ceramic tile manufacturing. Increasing costs and unexpected price fluctuations in raw materials destabilize supply chains, making it difficult for manufacturers to compete in the competitive ceramic tile market. This factor will hamper the market growth.

• Lesser Acceptance of Ceramics

The major threat within the market is a lack of customer awareness and confidence regarding the ceramic materials, which causes lesser adoption of these ceramics. Moreover, due to their high cost, these ceramics are unsuitable for such low-cost applications, which further causes lesser acceptance of ceramics amongst the population. As a result, the lower acceptance of ceramics will challenge the market growth rate of ceramic wall tiles.

This ceramic wall tiles market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ceramic wall tiles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Ceramic Wall Tiles Market

The emergence of coronavirus negatively impacted the ceramic wall tiles market because of the imposition of lockdowns restrictions. The restrictions led to complete halt of many construction projects and activities, including government infrastructure projects. Construction, like many other industries, is labor-intensive. Construction industry layoffs sparked widespread panic, prompting workers to flee to their homelands to wait out the pandemic. Construction companies will work with reduced finances, labor, and working hours, even after lifting lockdown restrictions in several countries, further delaying project completion. Government projects are expected to resume operations in the short term. However, due to budgetary constraints, even the government will find it difficult to fund large projects for the rest of the year. The ceramic tile industry witnessed the effects of the construction industry slowdown as well. Apart from the closure of manufacturing facilities, several commercial and industrial construction projects have been cancelled, resulting in lower demand for ceramic tiles in 2020.

The market is estimated to witness lucrative growth post COVID due to the continuation of several manufacturing and supply chain operations. Moreover, the manufacturers are coming up with various market strategies, collaborations, partnerships, advanced innovations and product development strategies, which will result in the market expansion post COVID.

Recent Development

• In August 2020, SCG Cement-Building Materials Company Limited entered into a share purchase agreement with Oitolabs Technologies Private Limited in India to support SCG CBM's digital technology and software development to deliver value to customers and increasing growth opportunities. SCG CBM's business success can be accelerated by OITOLABS, a leading software development company in India, which has personnel with capability and experience in digital platform development. SCG CBM's strategy to expand its Active OMNI-Channel retail platform for homebuilding customers in the ASEAN region is strengthened by this acquisition.
• In June 2020, RAK Ceramics, one of the world's largest premium ceramic brands, has extended its agreement with Azizi Developments, a leading private developer in the UAE. The two companies have agreed to supply floor and wall tiles and kitchen and bathroom fixtures for the prestigious Riviera in MBR City waterfront project in Dubai, UAE.

Global Ceramic Wall Tiles Market Scope

The ceramic wall tiles market is segmented on the basis of raw material, product, construction, dimension, application, formulation and sales type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Raw Material

• Feldspar
• Kaolin
• Bentonite
• Silica Sand

Product

• Glazed
• Porcelain
• Scratch-Free
• Others

Construction

• New Construction
• Replacement
• Renovation

Dimension

• 20 X 20
• 30 X 30
• 30 X 60
• 60 X 120
• Others

Application

• Residential
• Commercial

Formulation

• Dry Pressed
• Extruded
• Casting

Sales Type

• New Installation
• Replacement

Ceramic Wall Tiles Market Regional Analysis/Insights

The ceramic wall tiles market is analyzed and market size insights and trends are provided by country, raw material, product, construction, dimension, application, formulation and sales type as referenced above.

The countries covered in the ceramic wall tiles market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the ceramic wall tiles market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth in this region is attributed to the large market share of Spain in the availability of the product as well as prevalence of various manufacturers.

On the other hand, Asia-Pacific is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing number of new housing units and huge investments in the infrastructural sector in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Ceramic Wall Tiles Market Share Analysis

The ceramic wall tiles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ceramic wall tiles market.

Some of the major players operating in the ceramic wall tiles market are

• Dupont (U.S.)
• 3M (U.S.)
• SOLVAY (Belgium)
• Kajaria Ceramics Limited (India)
• AGC Ceramics Co., Ltd. (Japan)
• Halocarbon, LLC (U.S.)
• The Chemours Company (U.S.)
• Rogers Corporation (U.S.)
• LINTEC Corporation (Japan)
• NITTO DENKO CORPORATION (Japan)
• Kyocera Corporation (Japan)
• CeramTec GmbH (U.S.)
• CoorsTek Inc., (U.S.)
• Saint-Gobain (U.S.)
• Morgan Advanced Materials (UK)
• McDanel Advanced Ceramic Technologies (U.S.)
• Momentive (U.S.)
• RAK Ceramics (UAE)
• Mohawk Industries, Inc (U.S.)
• Morgan Advanced Materials (UK)
• Unifrax (U.S.)